Corporate Responsibility at Pennrose
Focused on maximizing the good we can do for our stakeholders and investors alike, we are building properties, relationships, and strategies designed to last.
Pennrose is committed to transforming communities by creating high-quality, inclusive housing that improves lives. We are a leader in mission-driven multifamily development and management, guided by the understanding that our legacy goes beyond the buildings we develop. It extends to the neighborhoods they improve, the residents who call them home, and the community organizations we partner with.
Corporate Responsibility at Pennrose
Learn how some of our Corporate Responsibility initiatives are shaping an inclusive and sustainable future.
Download our 2023-2024 Corporate Responsibility Report here.
Our Corporate Responsibility Framework Focuses on Three Key Elements:
Sustainability & Resiliency
As the climate shifts, so must we. Our approach to environmental sustainability is comprehensive and value driven. We are consistently consulting environmental policy experts to see where we can improve.
Social Impact
We are an inherently mission-driven company, always seeking to expand positive social impact across a wide array of indicators. Giving back and fostering diversity are integral to the work we do in communities across the nation.
Governance
Pennrose prides itself on a commitment to remain transparent and ethical in the business we do. Supporting our incredible teams and communities is of the utmost importance to us, and we strive to remain accountable in all aspects of our operations.
Nonprofit and Governmental Partnerships
The work we do would not be possible without our remarkable nonprofit and government partners. These relationships mean the world to us, and we are fortunate to work amongst some of the most impact-driven and dedicated players in the industry. From our decades-long partnerships to those just begun. Visit our 2023-2024 Corporate Responsibility Report to see more on our current partnerships.
Pennrose Corporate Responsibility Committee
The Corporate Responsibility Committee (CRC) was assembled to support Pennrose’s ongoing commitment to maximizing sustainability, expand social impact, and promote conscious governance. This cohort is a dedicated cross-section of the company, hailing from numerous departments to holistically develop strategies for Pennrose to better serve stakeholders. On a monthly basis, the CRC reviews topics that may affect the business, operations, and performance of Pennrose related to building our Corporate Responsibility efforts.
Corporate Ethical Policies and Responsible Codes of Conduct
At Pennrose, our Codes of Conduct serve as the foundation of our commitment to consistently conducting business honestly and ethically. In every corner of our company, we strive to hold our people to the highest standards in the industry. In addition to our overarching Employee Code of Conduct, Pennrose proudly upholds specific policies to address key topics like Human Rights, Corporate Spending, and Anti-Corruption measures. Our values guide our actions and help us to deliver superior performance every day.
- Data Protection & Cybersecurity Policy
- Human Rights, Anti-Harassment, and Anti-Discrimination Policy
- Anti-Corruption, Political Contribution, Expenditure, and Activity Policy
- Business Associate Code of Conduct
- Vendor and Third-Party Code of Conduct
Property Gardens Spotlight
Visit our 2023-2024 Corporate Responsibility Report to see updates on the thriving community gardens at Imani Village in Wilmington, DE, and Don Coppedge Village in Phoenixville, PA, where we’ve proudly partnered with nonprofit Trellis for Tomorrow to host gardening programs for local youth since 2020.